An annual survey by AHIP shows use of HSAs has steadily increased over time, with over 20.2 million enrolled in HSA/HDHPs as of January 2016.

Background

Current law allows individuals and families to set aside funds in an HSA to pay for eligible health care expenses. HSAs are used in conjunction with qualified high-deductible health plans (HDHPs), which are health plans that provide comprehensive health coverage after an up-front deductible is met. An HSA account holder saves that money for health expenses they will incur in the future and does not pay taxes on the funds they set aside.